COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 09 May 11
INDONESIA HBA FALL BELOW $118


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.

The government of Indonesia has been publishing a monthly coal reference price (HBA) since February  2010 to be used by coal producers for all future spot and term contracts. The May HBA was 27.73  percent higher Y-o-Y.

Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX)  and the New Castle Global Coal Index (GC) from the previous month.

Assessment basis of coal price reference was calculated considering coal with GCV (GAR)  6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8%, Ash Content 15.00% and  delivery free on Board (FOB) Vessel basis  and applicable for spot contract, delivery between 1 - 31 May 2011.

Any deliver of cargo after 31 May, must be used June 2011 HPB unless the deliveries fall under term contract.

Director General Mineral and Coal have declared today coal reference price for May  2011. The declared HBA was at US$ 117.61 per ton FOB vessel a marginal drop of US$ 4.41 per ton or down 3.61 percent compared with April 2011 Coal reference price. Government has taken around nine days to release this month HBA.

The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the third continues drop since March 2011.

Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 52 coal types with a quality similar to the coal price markers.

For sales in barge, the reference price is reduced by barging and transhipment costs from barge to vessel.

The coal reference price, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers.

Click here for complete details of  Indonesian coal reference prices since Feb 2010.
(cs)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 06 June 12
INDONESIAN GOVERNMENT'S DECLARED COAL PRICES CONTINUING ITS DECLINE
COALspot.com -  Indonesian HBA fell to lowest level since January 2011 in June 2012. The monthly coal reference price for coal sales this month ...


Monday, 04 June 12
MITRABAHTERA SUBSIDIARY SECURES CONTRACT FROM BERAU COAL - INSIDER STORIES
Insider Stories reported that, PT Mitra Alam Segara Sejati, a subsidiary that is 60% owned by PT Mitrabahtera Segara Sejati Tbk (MBSS), has secur ...


Sunday, 03 June 12
TTI ESTABLISHES COAL TRADING & MARKETING OFFICE
COALspot.com - TTI has officially established its coal trading, marketing-office in Jakarta, Indonesia. PT. Gunung Tinggi Coal is the TTI’s fi ...


Sunday, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE
COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points. The Cape Size ...


Friday, 01 June 12
TNPL HAS SECURED 300K MT OF 6000 GAD COAL AT US$ 81 CNF TUTICORIN
COALspot.com - An India based coal trader Adani has offered the lowest price of US$ 81.00 per metric ton for calorific value of 6000 GAD and 15 perc ...


   940 941 942 943 944   
Showing 4706 to 4710 news of total 6871
News by Category
Popular News
 
Total Members : 28,620
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Formosa Plastics Group - Taiwan
  • Fearnleys - India
  • Jorong Barutama Greston.PT - Indonesia
  • Agrawal Coal Company - India
  • EIA - United States
  • Mitsubishi Corporation
  • White Energy Company Limited
  • UBS Singapore
  • Bulk Trading Sa - Switzerland
  • San Jose City I Power Corp, Philippines
  • Maersk Broker
  • Xstrata Coal
  • Neyveli Lignite Corporation Ltd, - India
  • Gujarat Sidhee Cement - India
  • McConnell Dowell - Australia
  • Globalindo Alam Lestari - Indonesia
  • Mercator Lines Limited - India
  • Humpuss - Indonesia
  • The India Cements Ltd
  • Japan Coal Energy Center
  • Freeport Indonesia
  • Australian Coal Association
  • Malabar Cements Ltd - India
  • ETA - Dubai
  • The Treasury - Australian Government
  • PLN Batubara - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Parry Sugars Refinery, India
  • Credit Suisse - India
  • Grasim Industreis Ltd - India
  • New Zealand Coal & Carbon
  • India Bulls Power Limited - India
  • Infraline Energy - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • APGENCO India
  • Shenhua Group - China
  • World Bank
  • Wood Mackenzie - Singapore
  • EMO - The Netherlands
  • Lanco Infratech Ltd - India
  • Ambuja Cements Ltd - India
  • Reliance Power - India
  • GHCL Limited - India
  • JPower - Japan
  • Idemitsu - Japan
  • Deloitte Consulting - India
  • IHS Mccloskey Coal Group - USA
  • Bhushan Steel Limited - India
  • London Commodity Brokers - England
  • Power Finance Corporation Ltd., India
  • Kapuas Tunggal Persada - Indonesia
  • WorleyParsons
  • Meralco Power Generation, Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • Kideco Jaya Agung - Indonesia
  • Electricity Generating Authority of Thailand
  • Bukit Asam (Persero) Tbk - Indonesia
  • Antam Resourcindo - Indonesia
  • Indian Energy Exchange, India
  • Australian Commodity Traders Exchange
  • Arch Coal - USA
  • ICICI Bank Limited - India
  • Chettinad Cement Corporation Ltd - India
  • Directorate General of MIneral and Coal - Indonesia
  • UOB Asia (HK) Ltd
  • Mechel - Russia
  • Holcim Trading Pte Ltd - Singapore
  • Ministry of Mines - Canada
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Gresik Semen - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Cement Manufacturers Association - India
  • Marubeni Corporation - India
  • Thai Mozambique Logistica
  • Deutsche Bank - India
  • Jatenergy - Australia
  • Thailand Anthracite
  • Videocon Industries ltd - India
  • GVK Power & Infra Limited - India
  • Directorate Of Revenue Intelligence - India
  • Petrosea - Indonesia
  • Mitra SK Pvt Ltd - India
  • Eastern Energy - Thailand
  • Siam City Cement PLC, Thailand
  • Standard Chartered Bank - UAE
  • Bhatia International Limited - India
  • IBC Asia (S) Pte Ltd
  • Price Waterhouse Coopers - Russia
  • Essar Steel Hazira Ltd - India
  • Permata Bank - Indonesia
  • Arutmin Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Ince & co LLP
  • Cebu Energy, Philippines
  • Commonwealth Bank - Australia
  • Runge Indonesia
  • Sarangani Energy Corporation, Philippines
  • MS Steel International - UAE
  • PowerSource Philippines DevCo
  • SMC Global Power, Philippines
  • IOL Indonesia
  • TeaM Sual Corporation - Philippines
  • KOWEPO - South Korea
  • Bayan Resources Tbk. - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Ind-Barath Power Infra Limited - India
  • Surastha Cement
  • Ministry of Transport, Egypt
  • Planning Commission, India
  • Ministry of Finance - Indonesia
  • Trasteel International SA, Italy
  • Timah Investasi Mineral - Indoneisa
  • The University of Queensland
  • GMR Energy Limited - India
  • Coaltrans Conferences
  • Aboitiz Power Corporation - Philippines
  • Rio Tinto Coal - Australia
  • PetroVietnam Power Coal Import and Supply Company
  • VISA Power Limited - India
  • Malco - India
  • HSBC - Hong Kong
  • GAC Shipping (India) Pvt Ltd
  • Jaiprakash Power Ventures ltd
  • CoalTek, United States
  • ING Bank NV - Singapore
  • Krishnapatnam Port Company Ltd. - India
  • Coalindo Energy - Indonesia
  • Baramulti Group, Indonesia
  • Central Electricity Authority - India
  • Bangkok Bank PCL
  • Thomson Reuters GRC
  • Cardiff University - UK
  • Samtan Co., Ltd - South Korea
  • Indonesian Coal Mining Association
  • Central Java Power - Indonesia
  • Metalloyd Limited - United Kingdom
  • Miang Besar Coal Terminal - Indonesia
  • IMC Shipping - Singapore
  • Samsung - South Korea
  • ASAPP Information Group - India
  • Attock Cement Pakistan Limited
  • KPMG - USA
  • Iligan Light & Power Inc, Philippines
  • PTC India Limited - India
  • RBS Sempra - UK
  • Borneo Indobara - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • Kobe Steel Ltd - Japan
  • ACC Limited - India
  • SGS (Thailand) Limited
  • Indorama - Singapore
  • Anglo American - United Kingdom
  • Carbofer General Trading SA - India
  • Savvy Resources Ltd - HongKong
  • Inspectorate - India
  • TANGEDCO India
  • Sical Logistics Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Madhucon Powers Ltd - India
  • Platts
  • TRAFIGURA, South Korea
  • Bank of China, Malaysia
  • PetroVietnam
  • Straits Asia Resources Limited - Singapore
  • Global Business Power Corporation, Philippines
  • Pinang Coal Indonesia
  • Chamber of Mines of South Africa
  • Panama Canal Authority
  • Medco Energi Mining Internasional
  • Siam City Cement - Thailand
  • Cigading International Bulk Terminal - Indonesia
  • NALCO India
  • Bharathi Cement Corporation - India
  • Petron Corporation, Philippines
  • KEPCO - South Korea
  • Renaissance Capital - South Africa
  • TNPL - India
  • Banpu Public Company Limited - Thailand
  • Bangladesh Power Developement Board
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Toyota Tsusho Corporation, Japan
  • Gujarat Electricity Regulatory Commission - India
  • Core Mineral Indonesia
  • GNFC Limited - India
  • Manunggal Multi Energi - Indonesia
  • Maruti Cements - India
  • Goldman Sachs - Singapore
  • Vitol - Bahrain
  • Tamil Nadu electricity Board
  • Semirara Mining Corp, Philippines
  • Indian School of Mines
  • Uttam Galva Steels Limited - India
  • Mintek Dendrill Indonesia
  • Coal and Oil Company - UAE
  • GB Group - China
  • ANZ Bank - Australia
  • Vale Mozambique
  • Orica Australia Pty. Ltd.
  • OCBC - Singapore
  • Russian Coal LLC
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Leighton Contractors Pty Ltd - Australia
  • Alfred C Toepfer International GmbH - Germany
  • Jindal Steel & Power Ltd - India
  • Minerals Council of Australia
  • Xindia Steels Limited - India
  • Noble Europe Ltd - UK
  • J M Baxi & Co - India
  • Peabody Energy - USA
  • Adani Power Ltd - India
  • Altura Mining Limited, Indonesia
  • Bank of America
  • Britmindo - Indonesia
  • Indian Oil Corporation Limited
  • Vijayanagar Sugar Pvt Ltd - India
  • bp singapore
  • McKinsey & Co - India
  • Thriveni
  • Petrochimia International Co. Ltd.- Taiwan
  • SRK Consulting
  • CIMB Investment Bank - Malaysia
  • Kaltim Prima Coal - Indonesia
  • SMG Consultants - Indonesia
  • Argus Media - Singapore
  • Lafarge - France
  • Coeclerici Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Larsen & Toubro Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • globalCOAL - UK
  • Sucofindo - Indonesia
  • Merrill Lynch Commodities Europe
  • Total Coal South Africa
  • IEA Clean Coal Centre - UK
  • JPMorgan - India
  • Cemex - Philippines
  • NTPC Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • Indonesia Power. PT
  • Dalmia Cement Bharat India
  • Makarim & Taira - Indonesia
  • Coal Orbis AG
  • Kalimantan Lumbung Energi - Indonesia
  • Berau Coal - Indonesia
  • Glencore India Pvt. Ltd
  • BRS Brokers - Singapore
  • Economic Council, Georgia
  • Therma Luzon, Inc, Philippines
  • Gupta Coal India Ltd
  • Indogreen Group - Indonesia
  • SASOL - South Africa
  • Kobexindo Tractors - Indoneisa
  • Energy Link Ltd, New Zealand
  • MEC Coal - Indonesia
  • Sree Jayajothi Cements Limited - India
  • CCIC - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Merrill Lynch Bank
  • Tanito Harum - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Barclays Capital - USA
  • World Coal - UK
  • Maheswari Brothers Coal Limited - India
  • The State Trading Corporation of India Ltd
  • Clarksons - UK
  • Energy Development Corp, Philippines
  • BNP Paribas - Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Simpson Spence & Young - Indonesia
  • Tata Chemicals Ltd - India
  • Mjunction Services Limited - India
  • Enel Italy
  • TGV SRAAC LIMITED, India
  • Coal India Limited
  • Independent Power Producers Association of India
  • Eastern Coal Council - USA
  • Sindya Power Generating Company Private Ltd
  • Wilmar Investment Holdings
  • Ernst & Young Pvt. Ltd.
  • Bahari Cakrawala Sebuku - Indonesia
  • Orica Mining Services - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Asia Cement - Taiwan
  • Oldendorff Carriers - Singapore
  • Inco-Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • DBS Bank - Singapore
  • Sojitz Corporation - Japan
  • International Coal Ventures Pvt Ltd - India
  • PLN - Indonesia
  • Heidelberg Cement - Germany
  • Salva Resources Pvt Ltd - India
  • Star Paper Mills Limited - India
  • Binh Thuan Hamico - Vietnam
  • Asian Development Bank
  • KPCL - India
  • Gujarat Mineral Development Corp Ltd - India
  • Rudhra Energy - India
  • CESC Limited - India
  • Karaikal Port Pvt Ltd - India
  • Mitsui
  • Kartika Selabumi Mining - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Qatrana Cement - Jordan
  • TNB Fuel Sdn Bhd - Malaysia
  • Thermax Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • Platou - Singapore
  • LBH Netherlands Bv - Netherlands
  • PNOC Exploration Corporation - Philippines
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Tata Power - India
  • Sakthi Sugars Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Parliament of New Zealand
  • Latin American Coal - Colombia
  • Bukit Baiduri Energy - Indonesia
  • Edison Trading Spa - Italy
  • Indika Energy - Indonesia
  • Thiess Contractors Indonesia
  • Interocean Group of Companies - India
  • Kumho Petrochemical, South Korea
  • South Luzon Thermal Energy Corporation
  • Shree Cement - India
  • Romanian Commodities Exchange
  • SUEK AG - Indonesia
  • Singapore Mercantile Exchange
  • Barasentosa Lestari - Indonesia
  • Riau Bara Harum - Indonesia
  • Adaro Indonesia
  • Vizag Seaport Private Limited - India
  • Maybank - Singapore
  • European Bulk Services B.V. - Netherlands
  • Intertek Mineral Services - Indonesia
  • Cosco
  • Aditya Birla Group - India
  • Mercuria Energy - Indonesia
  • Geoservices-GeoAssay Lab
  • CNBM International Corporation - China
  • Posco Energy - South Korea
  • Vedanta Resources Plc - India
  • Coastal Gujarat Power Limited - India
  • Georgia Ports Authority, United States
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Electricity Authority, New Zealand
  • Meenaskhi Energy Private Limited - India
  • Africa Commodities Group - South Africa
  • Cargill India Pvt Ltd
  • U S Energy Resources
  • Bhoruka Overseas - Indonesia
  • Port Waratah Coal Services - Australia
  • Moodys - Singapore